Euro crisis: “It’s politics without policy choice…”
The pressure is definitely beginning to tell on the European Commission President José Manuel Barroso at the G20 summit in Mexico. No news yet from Greece, and the markets are still betting against Spain. He may, as he claims, have a “vision of where we need to go“, or he may, as Michael White says, be sticking his head in the sand. In any case, at Crooked Timber Niamh Hardiman has been looking more closely at the end-game for the political trilemma. …